New shares of Componenta Corporation registered in the Trade Register
Componenta Corporation Stock Exchange Release on 4 September 2019 at 10.50
Componenta Corporation announced on 16 May 2019 a directed share issue to funds managed by CapMan, Fortaco Oy and certain private individuals to pay the purchase price regarding acquisition of Komas Oy.
A total of 60 million new shares subscribed for in the directed share issue have been registered in the Trade Register maintained by the Finnish Patent and Registration Office today on 4 September 2019. Following the registration of the new shares the total number of Componenta Corporation’s shares is 237,269,224.
The shares registered in the Trade Register will be admitted to trading on Nasdaq Helsinki Oy on a date to be announced later. The issued shares are subject to voting restriction which is effective until the shareholding of the funds managed by CapMan and CapMan’s portfolio company Fortaco Oy has decreased below 10%. In accordance with the restriction the above-mentioned shareholders will abstain from exercising the voting rights in the general meetings of Componenta to the extent that the voting rights represent 50% or more of the votes represented in the general meeting concerned.
President and CEO
For further information, please contact:
Marko Penttinen, President and CEO, tel. +358 40 842 2811
Marko Karppinen, CFO, tel. +358 10 403 2101
Componenta is an international technology company. Componenta specializes in supplying cast and machined components to its global customers, who are manufacturers of vehicles, machines and equipment. The company’s share is listed on Nasdaq Helsinki.